Post Tagged with: "SF Express"

UPS, SF Holding jv wins regulatory approval in China

UPS, SF Holding jv wins regulatory approval in China

Carriers, E-Commerce, Express, News October 2, 2017 at 10:57 am

Updated 10 October 2017. On 28 September, UPS and SF Holding (the parent company of SF Express), formally received approval from China’s Ministry of Commerce to launch the joint venture it announced in May. The joint venture will leverage the assets of both companies to enhance, and provide a widerRead More

Alibaba-affiliate Cainiao, currently handles 70% of China's e-commerce logistics.

Alibaba to invest heavily in logistics over the next five years

Asia, Carriers, E-Commerce, Express, News September 28, 2017 at 10:35 am

In what appears to be a shift away from an asset-light logistics model heavily reliant on third-party partners, China-based Alibaba Group Holding Limited announced plans to invest US $15.2 billion over the next five-years – with the ultimate aim of fulfilling domestic orders within 24 hours, and global orders withinRead More

SF Express offloads stock to purchase aircraft

SF Express offloads stock to purchase aircraft

Aircraft, Airports, Asia, Carriers, E-Commerce, News August 24, 2017 at 10:51 am

On 22 August, rapidly growing Shenzhen-based SF Express raised US$1.2 billion from a stock placement, freeing capital it plans to use for growth-focused investments including the purchase of new aircraft, pilot recruitment, and technology R&D, according to a filing on the Shenzhen Stock exchange. Local media reports suggest that SFRead More

HNA increases ties with SF Airlines

HNA increases ties with SF Airlines

Aircraft, Asia, Carriers, E-Commerce, News August 21, 2017 at 9:57 am

Hainan Group (HNA) subsidiary carrier Suparna Airlines (formerly known as Yangtze River Airlines) ACMI-leased a 757-200PCF from SF Airlines, and launched twice-weekly scheduled service between Zhengzhou and Taipei. The lease is for just one year, but, given that demand has long outstripped capacity at SF Express’ air arm, why wouldRead More

China’s Express companies unfazed by outward FDI crackdown

China’s Express companies unfazed by outward FDI crackdown

Asia, E-Commerce, Events, News July 31, 2017 at 10:59 am

The days of HNA Group acquiring a new airport entity every few months may be coming to an end as Chinese regulators begin enforcing stricter outbound investment rules; yet this does not seem to have China’s express companies worrying about their ability to continue expanding into international markets. As SFRead More

SF Express Airlines opens new hub at Shanghai Pudong

SF Express Airlines opens new hub at Shanghai Pudong

Aircraft, Airports, Asia, E-Commerce, News July 13, 2017 at 10:56 am

Following the recent termination of CAAC restrictions which had for months blocked Shanghai Pudong International Airport (PVG) from launching new flights, SF Express Airlines seized the opportunity to bring China’s most populous city into its rapidly expanding air freight network. A new 25,000 sq. meter airside terminal will allow SFRead More

Business at Pactl is booming,

If Pactl is any indication, May will be a great month

Asia, News June 8, 2017 at 10:30 am

Shanghai Pudong International Airport Cargo Terminal Co Ltd (Pactl, the biggest handler at Shanghai’s Pudong Airport) reported a 13.0% y-o-y increase in its May cargo handle to 154,000 tonnes, its best monthly result this year. Pactl started the year strongly, with a 12.3% y-o-y increase for the combined January/February period,Read More

Cainiao and SF come to blows over data control

Cainiao and SF come to blows over data control

Asia, News June 7, 2017 at 10:58 am

Last Thursday, SF Express’ daily parcel volumes reportedly fell by one million units after a spat with Alibaba-affiliated Cainiao resulted in SF becoming temporarily de-listed as a service provider option within Cainiao’s logistics platform. This time around, the operational disruptions were short-lived. Following mediation by China’s Postal Bureau, the twoRead More